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Worcester 01516
115 Cedar St
$400,000
● House - Off Market

115 Cedar St

Douglas, MA 01516
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,528 Ft²
$779,599
RealtyHop Estimate
94.95%
Since Nov 1, 2013
National-US
Primary Model

About This Property

This young custom Colonial was built with attention to detail and has been lovingly maintained by the original owners.The design includes custom interior and exterior moldings, Hardie cement fiber siding, an expansive kitchen and great family room with lofted ceiling. Third level ready to finish if the space is needed. Established gardens and bounded by stone walls. This very quiet corner is adjacent to the Douglas State forest offering miles of hiking and riding trails, and lots of nature.
Unit Size
2,528 Ft²
Days on Market
-
Land Size
2.40 acres
Price per sqft
$158
Property Type
House
Property Taxes
$421
HOA Dues
-
Year Built
2003

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #71549169)

Price History

Date / Event Date Event Price
Oct 4, 2013 Sold
Premium
Sold
Jun 29, 2013 Listed by Petraglia Real Estate Services $399,900
Listed by Petraglia Real Estate Services

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,448
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 104,675
  • Total Building Area: 2,528
  • Gross Building Area: 4,336
  • Building Area: 2,528
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,528
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002403
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Douglas School District
  • School Tax School District: DOUGLAS SD
  • Census Tract: 752102

Zoning

  • Zoning: RA

Geography

  • Account Number: 27-1B
  • Parcel: DOUG M:0184 B:0000006 L:
  • Block: 6
  • Municipality: DOUGLAS
  • Latitude: 42.0598
  • Longitude: -71.7676

    Address

  • Full Address: 115 Cedar St
  • Address - House Number: 115
  • Address - Street Name: Cedar
  • Address - Suffix Type: St
  • State: MA
  • City Name: Douglas
  • Carrier Code: R003
  • 4-Digit Zip Code: 2245
  • Zip Code: 01516

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $811,700

    Appraisal Valuation

  • Standard Deviation: 0.1626
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 692,730
  • High Value: 805,389
  • Low Value: 580,072

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $600,400
  • Assessed Land Value: $102,700
  • Assessed Improvements Value: $497,700

    Sales

  • Current Sale Recording Date: Oct 04, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000012
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2423 ft²

Average Home Age

63.4 years

Currently For Sale

1927 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71549169

Frequently Asked Questions

When was property at 115 Cedar Street built and last sold?
The property at 115 Cedar Street was built in 2003 and last sold on Jan 1, 1970 for $400,000.
How much is this home worth?
The estimated value of the home located at 115 Cedar Street is $421,759.
What are some comparable homes to 115 Cedar Street?
There are currently no comparable homes to 115 Cedar Street.
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